NIBE acquires 60% of Gaumer Company

NIBE Industrier AB acquired 60% of the shares in Gaumer Company Inc., a designer and manufacturer of electric heaters and control systems for power generation, oil & gas, and petrochemical markets. Gaumer will be consolidated into NIBE Element North America effective January 2, 2018.

“Gaumer represents another critical step in our strategy to become the leading electric heating systems supplier in North America”nibegroup.com

• 3 sources
• nibegroup.comPressrelease NIBE acquires Gaumer Company - NIBE Group EnergyefficencyDec 18, 2017
• hydrocarbonengineering.comNIBE to acquire shares in Gaumer | Hydrocarbon EngineeringCallum O'ReillyDec 22, 2017
• nibegroup.comNIBE acquires 60% of BriskHeat - NIBE Group – an international groupJan 15, 2018

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